Julius Baer's chairman explains split

Swiss private bank Julius Baer continues regional expansion with appointment of Lee as Asia head.

Julius Baer's CEO, Boris Collardi, plans to grow the private bank and considers Asia its second home market behind Switzerland.

Frank Keller will become the new chief financial officer Asia for Julius Baer, while Tobias Murer takes up the role of chief operating officer in Hong Kong -- just as private banking competition is heating up.

Here's a sneak preview of part of Julius Baer's upcoming Wealth Report. In it we reveal their lifestyle index, a cost-of-living-luxuriously chart for the wealthy.

Former Julius Baer and BoA Merrill private banker Michael Benz is set to join Standard Chartered.

Beating rival Singapore bidders DBS and UOB, OCBC has gained a leg-up in the regional race for relationship managers by buying Barclays's Asia private banking business.